Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spring Grove area can be challenging. Home prices in Spring Grove are now at a median cost of $106,682, lower than the Indiana average of $175,617.
The average cost of rent is $684/mo in Spring Grove, primarily driven by the current value of real estate in the Spring Grove area. While nearly 45.00% of residents own their homes outright in Spring Grove, 42.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spring Grove is $2,943 per month. Households that rent pay about 23.25% of their income on rent here. Spring Grove's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Richmond, IN: equally priced homes
- Webster, IN: higher priced homes
- New Westville, OH: higher priced homes
- New Paris, OH: equally priced homes
- Centerville, IN: higher priced homes
- Whitewater, IN: higher priced homes
- Boston, IN: higher priced homes
- Fountain City, IN: equally priced homes
- Greens Fork, IN: higher priced homes
- Williamsburg, IN: equally priced homes
Cities with Similar Populations
- Royalton, WI: higher priced homes
- Richey, MT: higher priced homes
- Riverside, WY: higher priced homes
- Riverview, AL: less expensive homes
- Robertson, IA: equally priced homes
- Rockport Colony, SD: higher priced homes
- Rockville, UT: higher priced homes
- Rogers, NE: higher priced homes
- Romayor, TX: less expensive homes
- Rossie, NY: equally priced homes
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